World’s Largest Civilian Hospital Ship Arrive Soon In Antwerp
As the International Day of Charity draws closer, Mercy Ships has announced that the Global Mercy completed its journey through the Suez Canal and the ship is headed for a short courtesy visit in...
OOIL Orders Ten 16,000 teu Ships
Orient Overseas International Ltd (OOIL), parent of Orient Overseas Container Lines (OOCL), said today it had ordered ten 16,000 teu ships, says an article published on loadstar website.
Ordered new ship
The Cosco unit said in...
K Line Revealed Its 2nd Transition Linked Loan
Japanese shipping major Kawasaki Kisen Kaisha (K Line) revealed plans to finance its transition linked loan (TLL) at the end of September 2021, says an article published on offshore energy website.
Transition linked loan
The carrier...
Carrying Containers on Bulkers is Not Simple as Before
With soaring container shipping demand, there are reports that exporters are chartering bulk carriers to carry containers. That may not be quite such a simple solution as it sounds, says an article published in...
Clarksea Index Records Sharpest Ever Rise
The ClarkSea Index has enjoyed its longest-ever stretch of continuous month-on-month improvement, another sign of how this year’s bull-run has echoes of the great shipping rally from 2003 to 2008, says an article published...
Crude Oil Prices Are Way Higher, Says the Report
Indian refiners are increasingly boosting run rates amid new-found confidence that the revival in oil products demand growth is likely to be sustained.
With some refiners already planning to lift runs to 100%...
[Watch] Boxship In Fire After Explosion
Container caught fire after explosion in cargo hold of a container ship docked at Ben Nghe, Ho Chin Minh, Vietnam, in the afternoon Sep 4.
What happened?
Container caught fire after explosion in cargo hold of...
Container Lines Make Incredible Q2 Profits of $28.6 Billion
Container lines racked up a staggering $28.6bn in profits in the second quarter of the year a 13-fold improvement on a year earlier.
The McCown Container Results Observer reported that the 11 container...
Boxship’s Charter Fares 128% Ahead of Previous Peak in 2005
Container ship charter rates are now over twice as high as they were 16 years ago.
Charter rates for the busiest marine sector have more than quadrupled year-to-date and are now 128% higher than the previous peak in 2005.
A recent news article published in the Splash 247 by Sam Chambers states that boxship charter rates now...
Safe Loading And Carriage of Containers on Vessels
The shipping industry is currently witnessing an exceptional boom in the container trade, and due to the increasing demand, some freight forwarders and other parties are exploring unconventional methods to accomplish their target and...